Gold has moved higher for eight consecutive weeks, a feat which has only occurred a handful of times. How did the shiny metal respond in the wake of past similar streaks?... Read More
Every financial product is designed with a certain set of assumptions. Most financial crises result from those assumptions being wrong. The specter of negative oil prices potentially sets up the next financial crisis. Who covers losses when prices turn negative?... Read More
The Saudis started a price war to punish Russia. Iran may also suffer as a consequence.... Read More
Speculators are sitting out palladium's remarkable rally, but are making a big bet on platinum.... Read More
The GLD ETF holds roughly 830 metric tons of gold, which puts it on par with the holdings of Switzerland or Japan.... Read More
With gold prices up almost 11% so far in 2019, bullish sentiment has finally followed higher.... Read More
A look at spot and inflation-adjusted gold prices since 1901... Read More
Speculators and money managers are selling commodity futures aggressively, even though prices are not falling. They are betting on weakening demand due to slowing global economic growth.... Read More
China produced roughly 71% of the global supply of rare earth minerals in 2018. They may use this as leverage if the trade war drags on.... Read More
Speculators have amassed extreme net short positions in many grain futures as the trade war has escalated.... Read More
Despite a 13% rally since the mid-August low, sentiment in gold remains neutral.... Read More
Last month we asked if inflation expectations would whipsaw if crude oil rebounded. Now that crude is up 23% in the last 10 days, will the Fed change its outlook?... Read More
Despite a nearly 11% rally in gold since mid-August, sentiment is still largely bearish. Historically this proves to be a good contrarian buy signal.... Read More
Soybean prices are lagging other grains as we move into the heart of harvest season. Disappointment at soybean prices has tariffs and the trade war back in the minds of midwestern farmers. ... Read More
Both physical gold and miner ETFs have seen net outflows in September.... Read More
The divergence between net flows between physical gold and miner-backed funds is at its widest since 2013. Despite some positive shifts in search trends, gold bulls are counting on help from a weaker U.S. dollar or a national security scare. ... Read More
Speculators have moved to an extreme net short position in soybean futures as tariffs have taken their toll. Have they gone too far?... Read More
Gold may be in for a reprieve after converging with fair value. But ETF flows and positioning in futures markets paint an interesting picture about who is bullish. ... Read More
Speculators are betting against precious metals to a degree rarely seen.... Read More
Bad news outweighs the good news for gold longs. Despite extreme short positioning and slowing net outflows from gold ETFs, we continue to see downside risks. ... Read More